There has been a 172 per cent increase in ransomware and $3 billion in losses due to business email compromise (BEC) scams so far in 2016, as well as nearly 500 vulnerabilities in a variety of products, a report said.
The year 201

UAE-based DarkMatter, an international cyber security firm, is partnering with Symantec Corporation, a global IT security leader, to provide security solutions and services to help customers combat cyber threats and crime.
DarkMat

The unprecedented heist of $81 million from the US account of Bangladesh's central bank is the latest among increasingly large thefts by criminals who have leveraged the speed and anonymity of hacking to revolutionise burgling banks.

The 6th International Cyber Crime Conference will launch on March 16 at Abu Dhabi National Exhibition Centre, said organisers of the International Exhibition of National Security and Resilience (ISNR) Abu Dhabi 2016.
Organized by

The average price for stolen credit and debit card account information with bank ID and the card holder’s date of birth could sell for as much as $45 in cybercriminal marketplaces on the “dark web”, a report said.

State oil giant Saudi Aramco said on Sunday that an attempted fraud that targeted its trading unit Aramco Trading and India's Oil and Natural Gas Corp (ONGC) had been foiled.
In a brief statement in Arabic, Aramco said: "

The Middle East IT sector is on track to register a year-on-year growth of 8 per cent against a backdrop of cyber crime which is costing the region up to $1 billion, said organisers of an upcoming cyber security event in Abu Dhabi, UAE.

Bahrain's security authorities dealt with more than 400 cybercrime cases last year, a top official said.
The complaints were either lodged with police stations or reported on hotline 992, First Lieutenant Ahmed Al Khayyat from

There is a clear trend towards the increased utilization of IT system in Middle East educational institutions. In its predictions for 2014, IDC estimated that ICT spending in the Middle East would top $96 billion by the end of the year, with edu

A draft law on cyber crimes currently under consideration will help boost Bahrain's cyber security, a legal expert has said.
Norton Rose Fulbright technology and intellectual property partner Dino Wilkinson said cybercrime law